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Butchery!!!!

Meh. They probably chopped it up in about 1970.

Meh. It's a hunk of wood. When that mod was done, it was probably the mid 70s and "just another bass".

Nobody would be freaked out if that were done to a 2002 P bass.

I would say a very accurate assessment. I bought a 1960 jazz bass in '70/'71 for $100 when it was just a used bass. Reshaping was definitely the thing to do. I know I did. Still own and play it.

60 jazz2.jpg
 
The saddle positions look odd....the neck, guts ad hardware (if all original) are worth some money but they want over 2 grand.. don't know if you could part it out for that much if that was your intention...I would just play it as is or get a nice P bass body....
 
With clay dots and that s.n. if legit, it might be a '61 or '62 Precision, and with a restored body and a nice solid color refin would still be $$$$.

Exactly... and its got potentially original tort... for those of you who've got the itis... that just sweetens the pot.